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New land sites for sale in Singapore.
Monday, 4th July 2011
Source : HVS International
Singapore's Ministry of National Development has announced that up to 43 land sites will be released in the second half of 2011 under the Government Land Sales (GLS) programme.

For the residential sector, the sites can collectively provide a potential yield of about 14,200 private residential units, with most of the private residential sites located outside the central region or in locations in the central region where more affordable private housing is expected to be built.

As for the other sectors, the rest of the sites in the upcoming GLS will also potentially yield about 268,000 square metres of commercial space and 3,700 hotel rooms.

www.hvs.com
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